Why Lyft Has Won My Heart

During the Labor Day holiday I was in San Francisco visiting some friends who live in the city (Market and 8th if you’re familiar). I typically like to drive everywhere but, if you’ve ever been to San Francisco a parking spot is a rarity. So, I decided to try something new and download the Lyft app. I’ve heard a lot about ride share programs before online and have seen the ads, but I had no idea how they worked until now. Here’s how you can get a ‘Lyft’:

  1. You download the Lyft app on your iPhone or Google Android
  2. Set Up your Lyft Profile with your name, a picture of your choosing, and credit card info
  3. After you’ve set up your profile you’re ready to request a ‘Lyft’. When you’re ready you can do so by simply clicking a button on your phone. In the app, it’ll show you how far your nearest Lyft driver is.
  4. After you push the button to request your Lyft driver it’ll make you call your driver directly. Each time my driver answered they were nice, courteous, and they were there within 5-10 minutes after I called them.
  5. When you get in the car, they’ll ask you where you want to go and if there is a preferred route you’d like to take (so you can take the GPS, your own directions, etc). My drivers were AWESOME!
  6. Once the ride was done, I hopped out of the car and on my Lyft app a screen showed up that had a suggested rate for each of my rides. The suggested rates already had tips built in and I could even rate my driver! The rates were reasonable and I felt like the drivers were similar to friends I’ve known for a while, which contrasted greatly to taxis that have minimum rates/charge per mile and drivers that aren’t always as nice. One of the cool things about the app was that it allowed me to reduce or increase my suggested rates.
  7. One of my drivers actually mentioned that drivers could also rate their passengers so that Lyft would make sure that neither would have to be matched together again if there was a mutual dislike of the experience. If one passenger got down-rated my numerous drivers, they could eventually be booted out of Lyft altogether!

I used Lyft a total of 3 times while I was in San Francisco, and I was so impressed that I referred 3 of my friends that weekend to download the app, which one of them was able to make use of that same weekend! Lyft gives first time user codes that range from $10-$20 in savings, so your first ride or two might even be free! Lyft drivers also undergo a rigorous screening process that includes verification of driving status and comprehensive insurance, so you can feel at ease when getting into one of their cars. Lyft has also recently expanded rapidly to numerous cities across the U.S., including Atlanta! So, try it out, save money for parking, gas, and of course that occasional unnecessary DUI!

Written By:
Cristina Briboneria, CFP®, ADPA®, AWMA®
Vice President, Private CFO®
oXYGen Financial, Inc.

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  • Cristina
    September 11, 2013

    Just talked to our friends at Lyft and they gave us a code to use:

    “FISTBUMP” to get $10 off your first Lyft!

  • Avatar
    September 12, 2013

    This is such a fantastic option for budget minded travelers! It sounds like it is a better cost then renting a car and the ease of the app sounds great. Not many apps that are this beneficial are as user friendly, but it sounds like they have a really neat idea!

  • Cristina
    September 16, 2013

    Kevin-thanks for the comment! Certainly, if you’re a budget minded traveler, depending on where you’re going and what you’re doing the app is worth a try, especially with the cost of gas and parking fees nowadays!

  • Avatar
    June 12, 2014

    If only I’m living in a big city, I really want to try out Lyft. I heard lots of good reviews about riding with Lyft drivers. And it’s fair enough that the drivers can rate their passenger as well.

  • Ted Jenkin @ Your Smart Money Moves
    June 12, 2014

    Lyft is excellent. And with Uber’s new 18 billion dollar valuation, they may be cheaper

  • Avatar
    September 9, 2014

    Try Lyft! Your first ride up to $25 is free! Just download the app, enter code COLLEEN8468 in the payment section, then request a Lyft!

  • Avatar
    October 6, 2015

    Great post, I personally drive for Lyft as well as Uber, I have to say I prefer working for Lyft as a company. They definitely treat their drivers better – you can get tips, they only take a 20% cut on your profit (less than that if you drive over 30 hours per week). Unfortunately, Uber owns more of the market, so it is often easier to get pickups through Uber. When I signed up to drive I found a promo code at http://www.lyftdriverpromo.com, got $750 after 30 rides.

  • Avatar
    October 6, 2015

    Also forgot to mention, Lyft drivers are generally much more friendly and cool. If you want to have a great conversation with your driver, use Lyft.

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